Form 4: Digital Turbine CEO William Gordon Stone III Reports Stock Disposal
SEC Filing
Digital Turbine's CEO, William Gordon Stone III, reported disposing of 6,465 shares of common stock on May 22, 2024.
Summary
- On May 23, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., filed a Form 4 with the SEC.
- The report details a transaction on May 22, 2024, where 6,465 shares of common stock were disposed of at a price of $2.34.
- Following the transaction, Stone directly owns 1,702,005 shares of Digital Turbine's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by the CEO could be perceived negatively by some shareholders, potentially leading to concerns about the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock disposal transaction |
| 05/23/2024 | Date of Form 4 filing |
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